Brick Three-Family
3150 Washington Street Boston, MA 02130
3150 Washington Street, Boston, MA, 02130
$1,300,000
For Sale
$1,300,000
Turnkey brick three-family with two 3-bedroom units and one 2-bedroom unit, plus washer/dryer hookups and private storage.
Property Size3,436 SF
Price / SF$378.35
Days on Market168
Property Features for 3150 Washington Street
General Information
- Standard status
- Active
- Size
- 3,436 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1910
Listing agency
Longwood Residential,LLC
(857) 249-5131
Listed by
Derek Young
Source
Elevatedboston
Added: Feb 4 Updated: Jul 21 at 3:24AM Checked: Jul 21 at 3:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Longwood Residential,LLC
Investment Insights
Based on property information with market context.
Turnkey brick three-family featuring two expansive 3-bedroom units and one spacious 2-bedroom unit. Each unit is described as having 1.5 bathrooms, LVP flooring, and stainless steel appliances. The basement includes common-area washer/dryer hookups, and there are generous private storage areas for added tenant convenience.
The property is located at 3150 Washington Street, Boston, MA 02130. A 3-bedroom unit is currently vacant, presenting immediate flexibility for an owner-occupant or an investor seeking to realize income from the vacant unit upon lease-up.
The property is located at 3150 Washington Street, Boston, MA 02130. A 3-bedroom unit is currently vacant, presenting immediate flexibility for an owner-occupant or an investor seeking to realize income from the vacant unit upon lease-up.
Key Highlights
- Turnkey brick three‑family built in 1910
- Unit mix: two 3‑bedroom units and one 2‑bedroom unit
- Each unit offers 1.5 baths and oversized floor plans
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.9k | $37.80 |
| − Vacancy | −$5.8k | −$1.70 |
| EGI | $124.0k | $36.10 |
| − OpEx | −$37.2k | −$10.83 |
| NOI | $86.8k | $25.27 |
3,436 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,825 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.35M
NOI $80,719 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $180,101 @ 7.0% cap · market cap 13.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Turnkey brick three-family with two 3-bedroom units and one 2-bedroom unit, plus washer/dryer hookups and private storage.
Where is this triplex located?
The property is located at 3150 Washington Street Boston, MA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Turnkey brick three‑family built in 1910; Unit mix: two 3‑bedroom units and one 2‑bedroom unit; Each unit offers 1.5 baths and oversized floor plans
